Retail Focus

SEPTEMBER 26, 2023

The lettings span more than 10,000 sq ft of new retail space. The brand has taken 1,550 sq ft of space across two floors for an initial period of six months, giving fashion-lovers an opportunity to keep up with the latest trends in a sustainable way at an affordable price.

Fashion 148

Fashion Location Returns Shopping 148

Inside Retail

AUGUST 16, 2023

Many businesses across various retail industries are noticing a decline in discretionary spending. As a result, beauty consumers, in particular, are searching for ways to try the hottest products, for a fraction of the price. It’s a business strategy that’s been around for a while and it isn’t dying off anytime soon.

Consumer 130

Consumer Promotions Accounting Marketing 130

Wiser

SEPTEMBER 22, 2020

There are countless pricing strategies at your disposal, but not all are created equal. Some strategies are much more effective than others at increasing margins, moving inventory, and keeping customers happy. Your Ultimate Pricing Strategy Library. Break-Even Pricing. Captive-Product Pricing.

Advertising 148

Advertising Markdowns Marketing Promotions 148

Wiser

SEPTEMBER 6, 2022

For most, the answer will be price. The ability to compare prices, get the lowest prices, find good deals on products, and so on. The bottom line is that price is always top of mind for consumers. A separate Wiser survey of headphones shoppers had price as one of the top-five reasons to buy.

Drop-Shipping 144

Drop-Shipping Advertising Operating Expenses Consumer 144

Wiser

FEBRUARY 16, 2021

One area you can focus on to address the above concerns is pricing. Specifically, setting the right price at the right time. Repricing is used by eCommerce sellers to raise or lower prices on select SKUs based on a set of rules or conditions. Others are much more advanced, more akin to dynamic pricing or price optimization.

Promotions 158

Promotions Marketing Management ATS 158

Wiser

MAY 20, 2021

Every eCommerce seller, like any business whose aim is to sell, has its prices as a powerful resource to attract customers and increase revenue. If you have an online store, or are starting a new project, think very carefully about which pricing strategy you are going to follow to make your products even more attractive.

Shipping 122

Shipping Advertising Consumer Promotions 122

Inside Retail

JUNE 5, 2023

Peloton is one of several brands that has experienced a boom-and-bust cycle over the last few years. At the height of the pandemic, the company was thriving, with a stock price hovering around the US $170 mark and a market cap of around $50 billion. He thinks this is crucial, given the current cost of living pressures.

Returns 130

Returns Consumer Marketing Planning 130

Retail TouchPoints

JANUARY 8, 2021

Fernish defines its furniture as “circular-ready,” a trademarked term describing the “durable and modular” process that helps give products a second life. Consumers have the option of buying out products at any time. In search of flexibility and cost efficiency, these demographics rely on fast furniture to fill their spaces.

Consumer 278

Consumer Shopping Customer Experience Marketing 278

Retail Gazette

JANUARY 10, 2024

Cash-strapped shoppers, unpredictable weather and an avalanche of loyalty schemes dominated headlines last year and the New Year is set to bring another year of instability for the retail sector. An influx of mixed Christmas trading updates show that retailers will need to work harder and smarter to win over shoppers in 2024.

Payment Services 136

Payment Services Fashion Checkout Supermarket 136

Inside Retail

MAY 16, 2023

As today’s customers demand more sustainability, retailers are re-examining the impact of their packaging decisions, in order to remain both competitive and cost efficient. Globally, retailers are prioritising a fundamental re-think of their delivery chains, coming up with new ways to address the waste challenge.

Returns 130

Returns Shipping Consumer Marketing 130

Retail TouchPoints

JULY 12, 2021

retail scene. Nevertheless, in 2018 the party goods retailer went a step further and began selling on Amazon as well. Our core goal when we originally launched with our pilot on Amazon, was to reach customers who are increasingly gravitating toward shopping online,” he said in an interview with Retail TouchPoints.

ATS 298

ATS Advertising Consumer Accounting 298

Wiser

SEPTEMBER 25, 2018

In speaking with brands attempting to control online pricing with monitoring and enforcing strategies , we hear that they have hit points in the process where this felt like an uphill battle. Promotional MAP Strategy . Off-season, the holidays and the end-of-product life cycle are natural times for price reductions.

Promotions 68

Promotions Advertising Wholesale Management 68

Retalon

SEPTEMBER 1, 2023

A shorter holiday season coupled with the current economic downshift means retailers, like you, must maximize holiday sales with the time you have. Here are four profit-generating strategies you can implement–sooner rather than later: 1. How can you best do this? Amazon is an excellent example of this.

Markdowns 41

Markdowns Net Profit Consumer Location 41

Wiser

JUNE 30, 2020

Determining the ideal product mix and inventory width and depth, setting competitive prices, providing personalized experiences, and dealing with rapid lead times is just scratching the surface of what retailers need to do. This includes choosing the products’ sizes, colors, prices, and other characteristics.

Planning 78

Planning Visual Merchandising Cross Merchandising Store Layout 78

A1 Retail

AUGUST 15, 2022

More competitive interest-free credit options launched and new showroom format introduced across retail estate to make shopping for and buying sofas more convenient. The move will see Oak Furnitureland significantly increase the size of its sofa range as it continues to diversify its product offering to encompass the whole home.

Promotions 59

Promotions Shopping Marketing ATS 59

Retail Minded

FEBRUARY 1, 2024

Oh, man, the cash flow struggle is too real for small retail shops. You’ll find many small retailers juggling receipts and invoices like hot potatoes. Here’s a life hack though—using a free invoice template for Word can cut through the chaos like a knife through butter. Loads of small retailers totally trip up here.

Management 52

Management Dead-Stock Payment Services Boutique 52

365 Retail

SEPTEMBER 25, 2023

The lettings span more than 10,000 sq ft of new retail space. The brand has taken 1,550 sq ft of space across two floors for an initial period of six months, giving fashion-lovers an opportunity to keep up with the latest trends in a sustainable way at an affordable price.

Fashion 63

Fashion Shopping Location Returns 63

Inside Retail

JANUARY 18, 2023

Inside Retail talked to Paris-based Dounia Wone, Vestiaire Collective’s chief impact officer, about the rationale behind the decision, the growth in the resale industry, and how pending regulations in Europe are set to provide a further fillip to the channel, spelling bad news for fast-fashion companies.

Fast Fashion 130

Fast Fashion Fashion Promotions Apparel 130

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 29, 2019

Retailers who manage the product life cycle effectively are the ones who survive the next age of commerce. They are the most competitive, most profitable, and most enduring retail operations on the market. That’s true of both brick-and-mortar retailers and online retailers. On-hands drive sales.

Accounting 57

Accounting Management Location Marketing 57

Retail TouchPoints

JULY 27, 2020

COVID-19 has changed retail. Earlier this year, we released a report, titled “The Best Vision is Insight,” outlining our predictions for the top retail trends of 2020. Social distancing” had already become a fact of life for many in our technology-infused societies long before it became an obligation under the effects of COVID-19.

Retail Trends 190

Retail Trends Payment Services ATS Checkout 190

Inside Retail

JANUARY 10, 2023

“Buying sustainable fashion doesn’t mean consumers should go hell-bent into the shops, because there’s still huge [environmental] impact that comes with that piece of clothing,” she tells Inside Retail. How traditional apparel retailers are responding. Defining sustainable fashion. billion metric tonnes of greenhouse emissions.

Fashion 130

Fashion Apparel Consumer Marketing 130

Storis

DECEMBER 5, 2022

One of the challenges home furnishings retailers are facing today is having excess inventory due to prolonged supply chain delays. As a retailer, you want to ensure you have enough inventory to fulfill your customers’ orders but not too much that you have a hard time selling it. Speak to a Home Furnishings Retail Expert.

Home Furnishings 52

Home Furnishings Inventory Management Fulfillment Shipping 52

Inside Retail

JULY 31, 2022

Our key focus was to provide a great experience for our customers,” Giden Lim told Inside Retail. We had to do everything from managing the website, processing orders, producing the products, purchasing inventories, marketing and customer service,” said Lim. Obviously being business partners with your spouse is not all bed of roses.

Management 130

Management Consumer Customer Experience Location 130

Wiser

DECEMBER 8, 2020

The same goes for retail categories. Even if performance isn’t an issue, category resets can follow a natural cycle based on category seasonality or changing consumer tastes. Category resets have some overlap with assortment planning , which is determining the best products and quantities to meet consumer demand.

Cross Merchandising 88

Cross Merchandising Visual Merchandising Store Layout Apparel 88

Inside Retail

JULY 26, 2021

This does not mean all brands need to blindly pursue these tactics, but these trends do speak to the diversity and innovation that exists in selling products in China. Here are some emerging facets of retail and e-commerce. Duty-free retail meets live commerce. For luxury travel retail brands, this is an opportunity boon.

Social Commerce 130

Social Commerce Advertising Apparel Accounting 130

Inside Retail

APRIL 27, 2021

A strong Easter period drove sales across confectionery and entertainment products, and, with fewer, shorter lockdowns, consumers are once again comfortable shopping in larger and busier areas. The own brand acceptance is gaining momentum both at the entry price point level, and the more affordable luxury end of the spectrum,” Cain said. “The

Returns 147

Returns Supermarket Shopping Consumer 147

Wiser

MAY 10, 2023

Do you work at an eCommerce brand and are looking for ways to keep your product page content compliant across all eCommerce sellers? Keeping up with frequent product updates is complex and time-consuming. Read on to learn more about how to track product page content compliance today.

Advertising 78

Advertising Consumer Planning Shipping 78

Wiser

JULY 2, 2019

The last time we talked about price elasticity, it was in the context of the dreaded price war. But it’s been a few months, so now’s as good a time as ever to dive back into the world of price elasticity. . First, let’s talk a bit more about what price elasticity is and why it matters in retail. . You should be!

Advertising 94

Advertising Retailing Pricing Consumer Marketing 94

365 Retail

OCTOBER 12, 2023

In fact, most high street value retailers have been struggling to keep up for a while now. Primark is one of the only stores continuing to cultivate low price success. How Shein cultivated a loyal fanbase Price is critical to all consumers. On top of this, Shein truly nails media targeting.

Fast Fashion 52

Fast Fashion Fashion Consumer Advertising 52

Retalon

MAY 25, 2020

What is a High-Low Pricing Strategy? Also referred to as “Hi-Lo” Pricing, or “Skimming” Pricing Strategy, high-low pricing is almost exactly what it sounds like. A product is introduced at a high price, and the price is gradually lowered as demand for the item declines.

Markdowns 41

Markdowns Promotions Management Marketing 41

Wiser

NOVEMBER 21, 2018

For most, the answer will be price. The ability to compare prices, get the lowest prices, find good deals on products, and so on. The bottom line is that price is always top of mind for consumers. . A separate Wiser survey of headphones shoppers had price in the top-five reasons to buy. .

Drop-Shipping 76

Drop-Shipping Operating Expenses Consumer Point of Sale 76

Indigo 9 Digital

JANUARY 12, 2023

By Tricia McKinnon Did you know that at one time Sears was the largest retailer in the world? Nothing that dominant goes down overnight, it took decades to seal the fate of the once iconic retailer. When Sears came on the scene in 1893 it was the retailer others wanted to emulate. Retail stores. That was back in 1969.

Merchant Services 111

Merchant Services Consumer Management Department Stores 111

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 29, 2019

Retailers who manage the product life cycle effectively are the ones who survive the next age of commerce. They are the most competitive, most profitable, and most enduring retail operations on the market. That’s true of both brick-and-mortar retailers and online retailers. On-hands drive sales.

Accounting 40

Accounting Management Location Marketing 40

Independent Retailer

MARCH 24, 2022

Business happens in cycles. It is in these lulls that ideas can really kick off for retailers. Every industry is turning towards a consumer-driven model, from retail shopping to stock brokers. It is no longer enough to offer merchandise at a cheaper price or services at a faster pace. by Jordan Erskine.

Customer Experience 75

Customer Experience Consumer Marketing Shopping 75

365 Retail

SEPTEMBER 5, 2022

As the nation looks to ditch fast fashion and extend the life cycle of its clothes, shoppers have admitted they’re more likely to shop second-hand now than last year, after watching this year’s series of Love Island, as 23% of Love Island viewers made their first ever pre-loved purchase this summer. When buyers search, eBay.co.uk

Fast Fashion 63

Fast Fashion Fashion Shopping Consumer 63

Retalon

NOVEMBER 20, 2020

Price optimization and price management are terms that often are used interchangeably, but they are not the same thing. When used properly, both price management and price optimization can substantially affect a retailer’s profitability. What is price optimization?

Management 41

Management Markdowns Accounting Retailing Pricing 41

Retalon

JANUARY 7, 2021

Seasonal merchandise planning carries a unique challenge for retailers, as product life cycles are measured in weeks or even days. . This is a problem because retailers plan their inventory months in advance — having almost no window to react to out-of-stocks or an unexpected up-lift in demand.

Markdowns 41

Markdowns Promotions Accounting Planning 41